M&A Deal Summary

Bridgepoint Acquires Evac

On September 28, 2017, private equity firm Bridgepoint acquired environmental company Evac from IK Partners

Acquisition Highlights
  • This is Bridgepoint’s 2nd transaction in the Environmental sector.
  • This is Bridgepoint’s 3rd transaction in Finland.

M&A Deal Summary
Date 2017-09-28
Target Evac
Sector Environmental
Buyer(s) Bridgepoint
Sellers(s) IK Partners
Deal Type Secondary Buyout

Target

Evac

Espoo, Finland
Evac is a provider of integrated waste, wastewater, and water management systems for the marine, offshore, and building industries. Evac have successfully carried out over 20,000 marine, 1,500 offshore and 2,000 building projects for customers around the world. Evac was founded in 1975 and is based in Espoo, Finland.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Bridgepoint

London, United Kingdom

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1984
PE ASSETS 28.2B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Bridgepoint is a large European private equity firm that invests in middle-market companies across a broad range of industries with an enterprise value of €200 - €1000 million. Prospective transaction situations include buyouts, buy-ins, growth financings, consolidations, and take privates. The firms invest in the range of €75 - €400 million transaction. Bridgepoint Development Capital specializes in investments in businesses valued up to a €150 million, taking equity stakes of between €10 million and €75 million. General sectors of interest include consumer products and services, retail, financial services, healthcare, media, technology, industrials, and business services. Bridgepoint was formed in 1984 and has offices in London, Frankfurt, Luxembourg, Madrid, Milan, Paris, Stockholm and Warsaw.

DEAL STATS #
Overall 118 of 176
Sector (Environmental) 2 of 3
Type (Secondary Buyout) 43 of 70
Country (Finland) 3 of 3
Year (2017) 5 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-02 Miller Homes

Edinburgh, United Kingdom

Miller Homes is a privately-owned housebuilder in the UK that has a strong regional footprint through three divisions (Midlands & South, North, and Scotland) and a reputation for delivering quality, family homes in desirable and high-demand locations. Miller Homes focus on sustainable developments on the edge of urban or suburban areas, typically within 45 minutes of the nearest largest town or city, and is recognized for providing outstanding levels of customer service. In 2016, the company completed a total of 2,380 homes. Miller Homes was founded in 1934 and is based in Edinburgh, United Kingdom.

Buy £655M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-01 JOA

Lyon, France

JOA is a casino operators in France with a national network of 32 medium-sized casinos and an online sports betting platform. JOA was founded in 1948 and is based in Lyon, France.

Sell -

Seller(S) 1

SELLER

IK Partners

London, United Kingdom

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1989
PE ASSETS 14.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Ik Investment Partners Ltd. (Formerly Industri Kapital) is a private equity firm that targets control investments in mid-sized manufacturing and service companies located in select European countries. IK focuses on growth businesses located in the Benelux region, as well as Denmark, Finland, France, Germany, Norway and Sweden. The firm looks to commit €50 to €150 million of equity capital per transaction and targets companies with 'a proven ability to generate significant cash flow' as well as an ability to 'sustain growth through various economic cycles'. IK Investment Partners was formerly known as Industry Kapital. IK Investment Partners was formed in 1989 and has offices in Hamburg, London, Paris, and Stockholm.

DEAL STATS #
Overall 77 of 117
Sector (Environmental) 1 of 2
Type (Secondary Buyout) 27 of 49
Country (Finland) 9 of 9
Year (2017) 5 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-21 Schenck Process

Darmstadt, Germany

Schenck Process is a provider of solutions in measuring and process technologies in industrial weighing, feeding, screening and automation. Schenck develops, manufactures and markets a full range of solutions, products and turnkey systems on the basis of combining process engineering expertise, reliable components and field-proven technology. Schenck Process was founded in 1881 and is based in Darmstadt, Germany.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-02 coin4 Solutions

Bad Schwartau, Germany

coin4 Solutions offers a broad range of tailor-made debt collection services to its customers, primarily in the e-commerce/social media, insurance and publishing industries. With a highly automated and continuously refined collection process as well as a broad communication platform (including modern communication channels such as email, WhatsApp and SMS) coin4 Solutions acts as a link between its customers and their debtors, and is renowned as a reliable and trustworthy partner in the sector. coin4 Solutions was founded in 1977 and is based in Bad Schwartau, Germany.

Buy -
Mergr

Product

Company

Legal